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Binance VP of Marketing: crypto needs to 'double down' on community support
9.6.2023
Rachel Conlan, the new VP of Marketing at Binance, says that “critical” times in the industry call for major companies to emphasize community, clarity and simplicity
eToro Remains Committed to Crypto Amid SEC's High-Profile Lawsuits
9.6.2023
As the United States Securities and Exchange Commission (SEC) continues to clamp down on Binance and Coinbase exchanges, the entire crypto and financial markets remain attentive, with the likes of eToro weighing in.
eToro, one of the powerhouse platforms in financial trading, has reiterated...
Nifty News: Kraken NFT exits beta, Coinbase’s ‘Stand with Crypto’ gains support and more
9.6.2023
A Bitcoin inscription service aims to compete with Ordinals by offering smart contracts and larger file sizes
US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC
9.6.2023
Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits...
Ripple CEO Brad Garlinghouse: ‘The SEC Is Throwing Lawsuits at the Wall’
9.6.2023
Brad Garlinghouse, the CEO of Ripple, has criticized the crypto “pro-innovation” stance of the U.S. Securities and Exchange Commission (SEC) and its recent lawsuits against significant exchanges like Coinbase and Binance. Garlinghouse stated that the SEC was “throwing lawsuits...
Bitcoin Advocate Nic Carter Accuses ‘Laser-Eyed Maxis’ of Turning Bitcoin Into a ‘Secular Cult’
9.6.2023
In a tweet this week, crypto advocate Nic Carter took aim at those who claim to be bitcoin enthusiasts but have been applauding the U.S. Securities and Exchange Commission’s (SEC) enforcement actions. Carter accused these individuals of turning Bitcoin into a “secular cult”...
Ripple case more crucial than ever amid Coinbase, Binance SEC crackdown: Lawyers
9.6.2023
Whether XRP is ruled as a security or not in the Ripple case will certainly have an influence on the two latest crypto exchange lawsuits, crypto lawyers told Cointelegraph
Moody's downgrades Coinbase citing 'uncertain magnitude' of SEC charges
9.6.2023
Meanwhile, financial services firm Berenberg Capital told Cointelegraph that it viewed Coinbase shares as "uninvestable" in the near term
First Mover Asia: Bitcoin Remains Resilient Near $26.5K, Despite Ongoing Binance, Coinbase Fallout
9.6.2023
ALSO: Valkyrie's chief investment officer expects the U.S. central bank to suspend its nearly year-long diet of interest rate increases. That might please digital and other asset markets, but Steven McClurg said that the monetary dovishness is unlikely to continue later this year
Lawmaker Calls SEC Enforcement Actions Against Crypto Exchanges ‘Complete Contempt for Congress’
9.6.2023
Several lawmakers have slammed the U.S. Securities and Exchange Commission (SEC) for regulating the crypto industry by enforcement. One lawmaker says the regulator’s latest action against crypto exchange Coinbase “demonstrates a complete contempt for Congress which is in the process of developing...
US Justice Department Objects to Bittrex’s Plan To Repay Customers in Bankruptcy Proceedings
8.6.2023
The US Department of Justice objected to a proposal by crypto exchange Bittrex to return money to customers as part of its liquidation plan.
Bittrex filed for bankruptcy in May in a federal court in Delaware after facing scrutiny from both the Justice Department and the US Securities and Exchange...
Coinbase CEO’s stock sale was probably not planned to occur a day ahead of SEC suit
8.6.2023
Armstrong was selling shares under a plan set up in August that sometimes made him money and other times not; the June 5 sale was still good timing
SEC Chair Argues That It Is Possible for Crypto Platforms To Register Following Lawsuits Against Coinbase and Binance
8.6.2023
Securities and Exchange Commission Chair Gary Gensler laid into the crypto industry on Thursday, arguing that it is possible for exchanges to register with the agency, despite platforms’ assertions that they tried to do just that. ...
Read More: SEC Chair Argues That It Is Possible for Crypto...
Ethereum Staked on Coinbase Sees Massive Redemptions, Over 27,000 Tokens Redeemed on June 6
8.6.2023
Recent statistics reveal that a significant amount of ethereum staked on Coinbase has been redeemed, with 27,280 tokens being redeemed on June 6. This development comes in the wake of the U.S. Securities and Exchange Commission (SEC) filing a lawsuit against Coinbase for not registering...
SEC’s Gensler Rebuffs Crypto Complaints, Says Gave Ample Warning Heat Was Coming
8.6.2023
U.S. Securities and Exchange Commissioner (SEC) Chair Gary Gensler argued there’s nothing special about the assets or exchanges in the crypto sector, and their backers can’t hide behind claims that their tokens provide utility
Biggest Movers: ADA, SOL Plunge to 3-Month Lows on Thursday
8.6.2023
Cardano dropped to a three-month low on Thursday, as sentiment in cryptocurrency markets remained largely bearish. The move comes as traders continue to worry about what the recent Binance and Coinbase lawsuits could mean for the wider market. Solana also slipped to a multi-month low. Cardano (ADA)...
Coinbase Shares Are 'Uninvestable' in the Near Term: Berenberg
8.6.2023
The investment bank cut its price target on the stock to $39 from $55
Providing Regulatory Clarity (Binance and Coinbase Edition)
8.6.2023
The SEC sued Binance and Coinbase this week, presenting the industry with both further analysis on why it thinks certain cryptocurrencies are securities and its biggest test to how cryptos may be regulated in the U.S. going forward
Litecoin Price Pumps to Over $6 Billion Market Cap - Analysts Tip This Utility Coin for Gains Next
8.6.2023
Despite not having been named by the US Securities and Exchange Commission (SEC) as a crypto security in the agency’s double whammy of lawsuits against Binance and Coinbase announced earlier this week, the Litecoin (LTC) price is struggling.
LTC/USD was last changing hands in the $87 area, down...
US Senator Cynthia Lummis Blasts SEC Actions Against Coinbase, Explains Crypto Industry Is Being Pushed Offshore
8.6.2023
Wyoming U.S. Senator Cynthia Lummis has heavily criticized the recent legal action of the Securities and Exchange Commission (SEC) against Coinbase, stating that it might push the cryptocurrency industry and its innovation offshore. Lummis also remarked that the SEC has failed to streamline a path...